Mr Odeyinka Popoola, Manager of Festac Business Unit of the PHCN, on Wednesday said that the unit was being owed about N1.5 billion by customers. Popoola, in an interview with the News Agency of Nigeria (NAN) in Lagos, said that it was unfortunate that...
The Nigerian Ports Authority (NPA) on Wednesday said that 14 fuel-laden ships are waiting to berth at the various oil terminals in Lagos ports. In its daily publication, ``the Shipping Position’’, made available to newsmen in Lagos, the NPA...
Despite severe flooding across the country, the Federal Government has assured Nigerians that it has already put in place a Flood Recovery Food Production plan to support farmers in the flood affected areas, stating that the country would not hav...
High rents have continued to give workers in the Federal Capital Territory (FCT) sleepless nights, with many saying they that are frustrated. Some of the workers, who spoke to the News Agency of Nigeria (NAN) on Monday, complained of pains and psycholo...
The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Sunday in Tokyo reiterated the need to retain 75 dollars as the reference price of a barrel of oil in executing the 2013 budget. She told newsmen that the budget for next year presented to the N...
Some passengers at the Murtala Muhammed Airport, Lagos, has hailed the Federal Government plan to grant airline operators’ zero tariff on importation of aircraft and spare parts. They told the News Agency of Nigeria (NAN) in separate intervi...
Mr John Kolawole, General Secretary of the Trade Union Congress of Nigeria (TUC), wants the Federal Government to implement the provisions of the 2013 budget to enhance the achievement of President Goodluck Jonathan’s transformation agenda. ...
The National Directorate of Employment (NDE) has trained 800 unemployed youths in Kano in nine different skills. Malam Abubakar Mohammed, the NDE Director General, said in Kano on Friday during the graduation of the trainees that the programme wa...
The Nigerian Ports Authority (NPA) said on Friday that 94 ships were expected to arrive at the various terminals in Lagos ports between Oct. 12 and Nov. 2. The NPA’s daily publication, ``Shipping Position’’, made available to newsmen ...
Weekly transactions on the Nigerian Stock Exchange closed on depressed note on Friday after four consecutive days of impressive transactions. The News Agency of Nigeria (NAN) reports that the market capitalisation, which opened at N8.721 trillion...
Chief Emeka Wogu, the Minister of Labour and Productivity, on Thursday allayed fears about fuel scarcity in the country. The News Agency of Nigeria (NAN) reports that fuel queues were noticed in some filling stations in Abuja on Thursday, but Wogu said...
The Federal Inland Revenue Service (FIRS) in Akwa Ibom says it will Investigate the extent of tax evasion and prosecute culprits in the state. The state Tax Controller, Mrs Mafiana Uche, gave the warning while briefing newsmen in Uyo on Thursday. Uche ...
Prof. Akin Iwayemi, President, Nigerian Economic Society (NES), on Wednesday commended the Federal Government for presenting its 2013 budget proposal before the National Assembly three months to the end of 2012. Iwayemi said in an interview with the Ne...
Brent crude oil rose above 114 dollars a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth. Weak risk sentiment coursed through financial markets, pulling down stoc...
President Goodluck Jonathan on Wednesday presented a budget of N4.9 trillion to the Joint Session of the National Assembly. The figure is 5 per cent more than the N4.7 trillion the president presented in the outgoing year. The sum of N2.41 trillion is ...